The other three often don’t cover the full operating costs, so you lose money every month when one or more units are vacant.You also have more components that can break: 4 x appliances, plumbing, HVAC, water heaters—more repairs and more expense.The issue isn’t whether multifamily or single-family is “better.”

Based on the properties they are currently renting, you can define the four components of a property profile.Location - The locations where significant percentages of the target segment are renting today.Property type - What type(s) of properties are they renting today?

EXAMPLE: I haven't cut my own lawn in over 10 years because I can get it done significantly cheaper than what I make per hour.The other component to keep in mind is landlords typically hire PMCs for one of two reasons:1) No time to properly manage2) No expertise to properly manage- Note: if you have enough time you can learn the needed expertise.Everyone wants to focus on how supposedly "easy" it is to manage rentals.The reality is:1) The difficulty & required time increases as the property/tenant quality decreases with Class A => Class B => Class C => Class D2) It only takes one bad tenant, bad contractor/handyman or mistake that leads to a lawsuit to cost a landlord SIGNIFICANTLY MORE than the cost of a PMC.What Class of rental do you have?

I have also had direct theological talks with many of my clients, as well as people who have yet to become closing clients, and I have to say that like 70% or maybe 80%+ have all voiced components of faith.From the "have a blessed day," to "only God knows," or "God willing," to literally praying for and with some clients over the phone when we are thousands of miles apart.

This is a major component of your tax secret sauce.

Look at the major components: roofs, siding, kitchens, baths, furnaces and ac units.

Every component of a house comes with a design life.

One thing I started doing: scoring each comp on quality, not just picking the best ones.

This is so not my style that I can’t comment but would agree about the wife component.

Good plan to start in Baltimore with boots on the ground—keep it simple and systemize: pick a tight buy box, then run a “Noise-to-Numbers” scan on volume (agent MLS pulls, 2–3 wholesalers, and one direct-to-seller list), comp only within close radius and similar beds/baths/condition, and budget rehab with two contractor walks plus a contingency; start with light cosmetic flips to test your GC and processes before tackling heavy value-add.